Cuando se proyectan estados financieros hay que tener cuidado de construir un modeloconsistente y correcto. Esto no es una tarea fácil. Incluso el experto en modelaje másexperimentado puede incurrir en equivocaciones. Esto es especialmente relevante cuandose construye un modelo financiero sin...

In this teaching note the reader finds a simplified financial model. In reality, financial models are huge and cumbersome. What we present is very simplified model in comparison to what is found in practice. We indicate the formulas that have to be utilized in the construction of the financial...

Frequently analysts and teachers use the capitalized rate of interest for the cost of debt when forecasting and discounting cash flows. On the other hand, some authors (and analysts) estimate the interest payments when forecasting annual financial statements or cash flows based on the average of...

Typical textbooks on corporate finance and forecasting and budgeting recommend "closing" and matching the financial statements what is known as a plug. A plug is a formula to match the Balance Sheet using the differences in some items listed in it in such a way that the accounting equation...

Typical textbooks on corporate finance and forecasting and budgeting recommend closing" and matching the financial statements using what is known as a plug. A plug is a formula to match the Balance Sheet using differences in some items listed in it in such a way that the accounting equation...